Short Interest in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Rises By 728.0%

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 77,000 shares, an increase of 728.0% from the August 31st total of 9,300 shares. Based on an average daily trading volume, of 95,100 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 95,100 shares, the days-to-cover ratio is currently 0.8 days.

Eaton Vance Floating Rate ETF Trading Up 0.0%

Shares of NYSEARCA EVLN opened at $49.62 on Friday. Eaton Vance Floating Rate ETF has a twelve month low of $48.21 and a twelve month high of $50.74. The stock has a 50 day moving average of $49.93 and a two-hundred day moving average of $49.75.

About Eaton Vance Floating Rate ETF

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.